SULASula Vineyards Ltd - analysis
Current Performance:
- Current Price: INR 382
- Q2 FY25 Net Profit: ₹14.5 crores, down 37.3% YoY
- Revenue: ₹142 crores, down 1.2% YoY
- EBITDA: ₹34.4 crores, down 23.85% YoY
- Debt: ₹330 crores, up from ₹260 crores
Market Challenges:
- Decline due to urban demand slowdown and excise policy changes.
Reasons to Consider:
- Market Leader: Largest wine producer in India
- Brand Strength: Strong recognition and loyalty
- Growth Potential: Recovery expected with market improvements and new brand launches
- Dividend Yield: 2.15%
Technical Analysis:
- Support Levels: INR 360, INR 340
- Resistance Levels: INR 420, INR 450
-Trend: high trading volumes indicate strong market interest we can see reversal from this levels